The Greens demand rental assistance payments for Australians who are struggling to afford a house. However, the ALP seems reluctant to solve the issue, and the Greens warned the Albanese government to consider the demand to get...
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Customers are still upset with banks even after interest rate hikes.
In the wake of the recent interest rate rise by the Reserve Bank, mortgage experts are predicting that smaller banks are likely to pass on the full rate increase to their customers. According to industry insiders, these smaller...
Federal Reserve hikes interest rates but gives RBA room to pause
Never squander a crisis. It’s a vital political premise and a strategy that the world’s main central banks appear to be adopting. Their single-minded emphasis on combating inflation suddenly has a competitor:...
Westpac is closing five more bank branches across Sydney, Melbourne, and Brisbane
The closure is a part of the bank’s ongoing restructuring efforts to improve its digital banking services and adapt to changing consumer habits. The affected branches are located in various suburbs of the three major...
Project Iron Boomerang rail connecting Pilbara, Bowen Basin’s iron and coal to face senate committee
The Iron Boomerang project is a proposed rail network connecting the Pilbara region’s iron ore mines in Western Australia to the Bowen Basin’s coal mines in Queensland. The project has been proposed to support...
Credit Suisse announces merger with UBS
The news was a surprise to employees of Credit Suisse. Reports say that even top-level employees were caught off guard by the merger. Credit Suisse CEO, Thomas Gottstein, said in a statement that the decision came after careful...
The Star Entertainment Group was found guilty of illegal activity.
The Star Entertainment Group, one of Australia’s largest casino operators, has been found guilty of breaching Queensland casino laws. The verdict was delivered by the Queensland Office of Liquor and Gaming Regulation (OLGR)...
Anthony Albanese says China’s relationship is improving
The Prime Minister says, “the Australian government is investing in its growth along with improving relations with China. He says that he had a very successful meeting with Xi Jinping. Australia’s foreign minister visited China...
Energy prices hit Australians hard
The electricity hikes in Australia could ditch the household activities of the economic class. Upcoming months are expected to be even worse as the current prices have hiked up to 30% in some parts. The Australian Energy...
Anthony Albanese ended talks on the AUKUS deal with the US and UK
Just a day ago, Australian Prime Minister Anthony Albanese left for the United States of America to get a deal signed on the AUKUS pact, which is part of a strategic partnership between the allies: Australia, the UK, and the US...